Dynamics 365 Finance & Operations is an enterprise resource Planning (ERP that is based on cloud. It is a system that is well-suited for large or expanded companies. The system offers you the ability to keep track of all your funds and inventory.
It is time that you accelerate the speed and accuracy of running business and allow digital transformation with this next generation ERP solution Microsoft Dynamics 365 for Finance and Operations.
Even though most of the users, customers, commentators, and consultants still name it Finance & Operations, Microsoft now technically licenses it as two diverse apps:
· Dynamics 365 Finance encompasses budgeting, financials, project management, and accounting for large, international companies.
· Dynamics 365 Supply Chain Management encompasses engineering, warehousing, manufacturing, and distribution.
AN integrated Working
Dynamics 365 for Finance & Operations links up all of your processes and departments encompassing procurement, logistics, sales, productions, projects, financial, service and business administration in the cloud to allow you to make better decisions in a swift manner.
It is a powerful cloud -based ERP solution that gets you a complete set of adaptable manufacturing, supply chain, retail and finance abilities with built-in analytical analytics and intelligence for real-time actionable understandings into business performance. Moreover, dynamics 365 for Finance and Operations allows you to run your business efficiently, rouse growth and accomplish organisational agility.
Another good thing is that you can integrate dynamics 365 for Finance and Operations with your existing systems and scaled up to encompass global operations as and when needed, adapting to altering business needs at your pace.
Why Should You Use It IN Your Business?
There are many reasons to support this statement and a few are like:
Applications
Dynamic 365 delivers a variety of purpose-built apps to help your business handle its day-to-day operation and supply chain. It is available for you through App-source, Microsoft’s online marketplace, it’s convenient to find applications that are particularly tailor to your business needs.
No matter you are looking for a particular payroll application or a document and report management solution, you will get exactly what you need to supplement the functionality of your ERP.
Scalability
Since dynamic 365 is based on a monthly subscription model, it is extremely easy for your business to scale up or down as per your need. This is specifically helpful for seasonal businesses but even for fast-growing companies. Once this ERP solution has been implemented in your organization, your operational performance and productivity will increase and hence requiring the need to scale up swiftly.
Predictability
Since this is based on a monthly subscription model, you are in a position to easily anticipate your monthly operational costs. As your organization is not on the hook for a huge yearly license, you’ll never need to commit to more than the number of licenses you require for the individuals utilizing the solution. Moreover, even if your business requires to scale up or down, the predictability aspect still stays. Hence it makes it possible for you to build more effective business intelligence for clear,
knowledgeable decision making encompassing forecasting for the number of licenses you need in future months.
Conclusion
Hence, Microsoft dynamics 365 finance and operations features are a big plus for your organization. With this ERP solution, you can upgrade your working and bring better level of efficiency in your overall business.